While meals and soups retail volume sales are expected to increase steadily throughout the forecast period, overall demand is likely to be constrained by new food labelling legislation enacted in Argentina in early 2022. Intended to help consumers make healthier choices, this law requires that when products contain specified ingredients in quantities exceeding parameters set by the Pan American Health Organization, they must display black octagons on their packaging along with one or more of the following statements: “Excess Fats”, “Excess Saturated Fats”, “Excess Sodium”, “Excess Sugar” and “Excess Calories”.
Shelf stable ready meals and shelf stable soup look set to remain negligible categories in volume and value sales terms over the forecast period. Mainly represented by imported products, both categories are characterised by narrow assortments and high unit prices due to import restrictions and the weakness of the Argentinian peso.
Following a change of ownership in 2021 that has improved its financial situation, Nobles del Sur should continue to gain ground in frozen ready meals over the forecast period. The new owners have ambitious expansion plans for the company, particularly in terms of strengthening the presence of its products on supermarket shelves and broadening its offer of frozen empanadas.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Meals and Soups industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Meals and Soups industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Meals and Soups
This is the aggregation of ready meals, pizza, food kits, prepared salads, and soup. Includes: These are products that have had recipe 'skills' added to them by the manufacturer, resulting in a high degree of readiness, completion and convenience. Food kits is an exception where typically the extent of preparation is much shorter than other meal products; includes meal kits where consumers are to put together pre-portioned ingredients and cook with the guidance of recipe cards. Ready meals are generally accepted to be complete meals that require few or no extra ingredients. However, in the case of shelf stable ready meals, the term also encompasses meal 'centres’; for food kits, they do require a degree of cooking and preparation. As such, some meals may require cooking (ready-to-cook); others may simply need reheating, prior to serving (ready-to-eat). Excludes: Any products sold unpackaged and/or by weight, including food sold from a retail deli counter.
See All of Our DefinitionsThis report originates from Passport, our Meals and Soups research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!